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Allianz launches emerging markets debt team

The fund manager remains ‘long-term positive’ on developing economies despite the record outflows from emerging market bond funds in June

Allianz Global Investors has formed a global emerging market debt team, only a month after outflows from emerging market bond funds hit a record high.

The firm has hired Greg Saichin to lead the team, the headcount of which is yet to be determined. He is the first appointment to the team and will start in September.

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